Orion Minerals : Notice of ceasing to be a substantial holder - Waddell

605 Page 1 of 2 15 July 2001

			Form 605
			Corporations Act 2001
			Section 671B
		Notice of ceasing to be a substantial holder
ToCompany Name/Scheme	Orion Minerals Ltd
ACN/ARSN	098 939 274
1. Details of substantial holder (1)
Name	DENIS WADDELL
ACN/ARSN (if applicable)
The holder ceased to be a substantial holder on	12/09/2019
The previous notice was given to the company on	27/08/2018
The previous notice was dated		23/08/2018

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of	Person whose	Nature of change (4)	Consideration given	Class (6) and	Person's votes
change	relevant interest		in relation to change	number of	affected
	changed		(5)	securities affected
		Dilution in
		voting power
	TARNEY	as a result		44,732,526
	of capital
12/09/2019	HOLDINGS PTY	NIL	ORDINARY	44,732,526
raisings in
	LTD		SHARES
	which the
		holder did not
		participate
		Dilution in
		voting power
	MR DENIS P	as a result of		66,982,220
	WADDELL &	a capital
12/09/2019	NIL	ORDINARY	66,982,220
MRS FRANCINE	raisings in
		SHARES
	L WADDELL	which the
		holder did not
		participate

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

4. Addresses

The addresses of persons named in this form are as follows:

	Name	Address
	TARNEY HOLDINGS PTY LTD	8 Kildare Road, Floreat, Perth, Western Australia

605 Page 2 of 2 15 July 2001

DENIS WADDELL	8 Kildare Road, Floreat, Perth, Western Australia

Signature

print name	DENIS WADDELL	capacity	DIRECTOR
sign here		date	8 / 12 / 2020

DIRECTIONS

1. If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.
2. See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
3. See the definition of "associate" in section 9 of the Corporations Act 2001.
4. Include details of:
5. 1. any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
   2. any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

1. Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
2. The voting shares of a company constitute one class unless divided into separate classes.
3. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.